[Congressional Record Volume 142, Number 99 (Monday, July 8, 1996)]
[Senate]
[Pages S7418-S7419]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       BUDGET SCOREKEEPING REPORT

 Mr. DOMENICI. Mr. President, I hereby submit to the Senate the 
budget scorekeeping report prepared by the Congressional Budget Office 
under section 308(b) and in aid of section 311 of the Congressional 
Budget Act of 1974, as amended. This report meets the requirements for 
Senate scorekeeping of section 5 of Senate Concurrent Resolution 32, 
the first concurrent resolution on the budget for 1986.
  This report shows the effects of congressional action on the budget 
through June 28, 1996. The estimates of

[[Page S7419]]

budget authority, outlays, and revenues, which are consistent with the 
technical and economic assumptions of the 1996 concurrent resolution on 
the budget, House Concurrent Resolution 67, show that current level 
spending is above the budget resolution by $15.5 billion in budget 
authority and by $14.3 billion in outlays. Current level is $79 million 
below the revenue floor in 1996 and $5.5 billion above the revenue 
floor over the 5 years 1996-2000. The current estimate of the deficit 
for purposes of calculating the maximum deficit amount is $260.1 
billion, $14.4 billion above the maximum deficit amount for 1996 of 
$245.7 billion.
  Since my last report, dated June 4, 1996, there has been no action to 
change the current level of budget authority, outlays, or revenues.
  The report follows:

                                                    U.S. Congress,


                                  Congressional Budget Office,

                                     Washington, DC, July 8, 1996.
     Hon. Pete V. Domenici,
     Chairman, Committee on the Budget,
     U.S. Senate, Washington, DC.
       Dear Mr. Chairman: The attached report for fiscal year 1996 
     shows the effects of Congressional action on the 1996 budget 
     and is current through June 28, 1996. The estimates of budget 
     authority, outlays and revenues are consistent with the 
     technical and economic assumptions of the 1996 Concurrent 
     Resolution on the Budget (H. Con. Res. 67). This report is 
     submitted under Section 308(b) and in aid of Section 311 of 
     the Congressional Budget Act, as amended.
       Since my last report, dated June 3, 1996, there has been no 
     action to change the current level of budget authority, 
     outlays or revenues.
           Sincerely,
                                                     James L. Blum
                                  (for June E. O'Neill, Director).

  THE CURRENT LEVEL REPORT FOR THE U.S. SENATE, FISCAL YEAR 1996, 104TH 
       CONGRESS, 2D SESSION, AS OF CLOSE OF BUSINESS JUNE 28, 1996      
                        [In billions of dollars]                        
------------------------------------------------------------------------
                                        Budget                  Current 
                                      resolution    Current   level over/
                                        H. Con.      level       under  
                                        Res. 67               resolution
------------------------------------------------------------------------
                                ON-BUDGET                               
                                                                        
Budget authority \1\................     1,285.5     1,301.1        15.5
Outlays \1\.........................     1,288.2     1,302.5        14.3
Revenues:                                                               
    1996............................     1,042.5     1,042.4        -0.1
    1996-2000.......................     5,691.5     5,697.0         5.5
Deficit.............................       245.7       260.1        14.4
Debt subject to limit...............     5,210.7     5,073.4      -137.3
                                                                        
                               OFF-BUDGET                               
                                                                        
Social Security outlays:                                                
    1996............................       299.4       299.4         0.0
    1996-2000.......................     1,626.5     1,626.5         0.0
Social Security revenues:                                               
    1996............................       374.7       374.7         0.0
    1996-2000.......................     2,061.0     2,061.0         0.0
------------------------------------------------------------------------
Note.--Current level numbers are the estimated revenue and direct       
  spending effects of all legislation that Congress has enacted or sent 
  to the President for his approval. In addition, full-year funding     
  estimates under current law are included for entitlement and mandatory
  programs requiring annual appropriations even if the appropriations   
  have not been made. The current level of debt subject to limit        
  reflects the latest U.S. Treasury information on public debt          
  transactions.                                                         
\1\ The discretionary spending limits for budget authority and outlays  
  for the Budget Resolution have been revised pursuant to Section 103(c)
  of P.L. 104-121, the Contract with America Advancement Act.           


 THE ON-BUDGET CURRENT LEVEL REPORT FOR THE U.S. SENATE, 104TH CONGRESS,
2D SESSION--SENATE SUPPORTING DETAIL FOR FISCAL YEAR 1996 AS OF CLOSE OF
                         BUSINESS JUNE 28, 1996                         
                        [In millions of dollars]                        
------------------------------------------------------------------------
                                        Budget                          
                                       authority    Outlays    Revenues 
------------------------------------------------------------------------
                      Enacted in Previous Sessions                      
                                                                        
Revenues............................          --          --   1,042,557
Permanents and other spending                                           
 legislation........................     830,272     798,924          --
Appropriation legislation...........          --     242,052          --
    Offsetting receipts.............    -200,017    -200,017          --
                                     -----------------------------------
      Total previously enacted......     630,254     840,958   1,042,557
                                     ===================================
                        Enacted in First Session                        
                                                                        
Appropriation bills:                                                    
    1995 Rescissions and Department                                     
     of Defense Emergency                                               
     Supplementals Act (P.L. 104-6).        -100        -885          --
    1995 Rescissions and Emergency                                      
     Supplementals for Disaster                                         
     Assistance Act (P.L. 104-19)...          22      -3,149          --
    Agriculture (P.L. 104-37).......      62,602      45,620          --
    Defense (P.L. 104-61)...........     243,301     163,223          --
    Energy and Water (P.L. 104-46)..      19,336      11,502          --
    Legislative Branch (P.L. 105-53)       2,125       1,977          --
    Military Construction (P.L. 104-                                    
     32)............................      11,177       3,110          --
    Transportation (P.L. 104-50)....      12,682      11,899          --
    Treasury, Postal Service (P.L.                                      
     104-52)........................      23,026      20,530          --
        Offsetting receipts.........      -7,946      -7,946          --
Authorization bills:                                                    
    Self-Employed Health Insurance                                      
     Act (P.L. 104-7)...............         -18         -18        -101
    Alaska Native Claims Settlement                                     
     Act (P.L. 104-42)..............           1           1          --
    Fishermen's Protective Act                                          
     Amendments of 1995 (P.L. 104-                                      
     43)............................          --         (5)          --
    Perishable Agricultural                                             
     Commodities Act (P.L. 104-48)..           1         (5)           1
    Alaska Power Administration Sale                                    
     Act (P.L. 104-58)..............         -20         -20          --
    ICC Termination Act (P.L. 104-                                      
     88)............................          --          --         (5)
                                     -----------------------------------
    Total enacted first session.....     366,191     245,845        -100
                                     ===================================
                        Enacted in Second Session                       
                                                                        
Appropriation bills:                                                    
    Ninth Continuing Resolution                                         
     (P.L. 104-99) \1\..............      -1,111      -1,313          --
    District of Columbia (P.L. 104-                                     
     122)...........................         712         712          --
    Foreign Operations (P.L. 104-                                       
     107)...........................      12,104       5,936          --
        Offsetting receipts.........         -44         -44          --
    Omnibus Rescission and                                              
     Appropriations Act of 1996                                         
     (P.L. 104-134).................     330,746     246,113          --
        Offsetting receipts.........     -63,682     -55,154          --
Authorization bills:                                                    
    Gloucester Marine Fisheries Act                                     
     (P.L. 104-91) \2\..............      14,054       5,882          --
    Smithsonian Institution                                             
     Commemorative Coin Act (P.L.                                       
     104-96)........................           3           3          --
    Saddleback Mountain Arizona                                         
     Settlement Act (P.L. 104-102)..          --          -7          --
    Telecommunications Act of 1996                                      
     (P.L. 104-104) \3\.............          --          --          --
    Farm Credit System Regulatory                                       
     Relief (P.L. 104-105)..........          -1          -1          --
    National Defense Authorization                                      
     Act of 1996 (P.L. 104-106).....         369         367          --
    Extension of Certain Expiring                                       
     Authorities of the Department                                      
     of Veterans Affairs (P.L. 104-                                     
     110)...........................          -5          -5          --
    To award Congressional Gold                                         
     Medal to Ruth and Billy Graham                                     
     (P.L. 104-111).................         (5)         (5)          --
    An Act Providing for Tax                                            
     Benefits for Armed Forces in                                       
     Bosnia, Herzegovina, Croatia                                       
     and Macedonia (P.L. 104-117)...          --          --         -38
    Contract with America                                               
     Advancement Act (P.L. 104-121).        -120          -6          --
    Agriculture Improvement and                                         
     Reform Act (P.L. 94-127).......        -325        -744          --
    Federal Tea Tasters Repeal Act                                      
     of 1996 (P.L. 104-128).........          --          --         (5)
    Antiterrorism and Effective                                         
     Death Penalty Act (P.L. 104-                                       
     132)...........................          --          --           2
                                     -----------------------------------
      Total enacted second session..     292,699     201,740         -36
                                     ===================================
                      Entitlements and Mandatories                      
                                                                        
Budget resolution baseline estimates                                    
 of appropriated entitlements and                                       
 other mandatory programs not yet                                       
 enacted............................      11,913      13,951          --
                                     -----------------------------------
      Total current level \4\.......   1,301,058   1,302,495   1,042,421
                                     ===================================
      Total budget resolution.......   1,285,515   1,288,160   1,042,500
Amount remaining:                                                       
    Under budget resolution.........          --          --          79
    Over budget resolution..........      15,543      14,335          --
------------------------------------------------------------------------
\1\ P.L. 104-99 provides funding for specific appropriated accounts     
  until September 30, 1996.                                             
\2\ This bill, also referred to as the sixth continuing resolution for  
  1996, provides funding until September 30, 1996 for specific          
  appropriated accounts.                                                
\3\ The effects of this Act on budget authority, outlays and revenues   
  begin in fiscal year 1997.                                            
\4\ In accordance with the Budget Enforcement Act, the total does not   
  include $4,551 million in budget authority and $2,458 million in      
  outlays for funding of emergencies that have been designated as such  
  by the President and the Congress.                                    
\5\ Less than $500,000.                                                 
Notes: Detail may not add due to rounding.                      



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